From Des Moines Register staff and news services -
DuPont Pioneer said Thursday it will be working with eight Midwest universities to study soil to help farmers maximize yields, the latest push by the seed giant to help growers improve their yields.
The Johnston-based company said it would work with Iowa State University, the University of Missouri and six other schools to study soil nutrition that will generate data to help promote more efficient production practices. Each university has an agreement of three years with DuPont Pioneer. Terms of each agreement were not disclosed.
“Growers stand to benefit greatly from this effort through improved productivity, profitability and environmental stewardship,” said Steve Reno, DuPont Pioneer vice president, regional business director — U.S. & Canada.
The partnerships focus on better management practices for nitrogen, often applied to corn plants to increase yields. DuPont Pioneer said farmers in the Corn Belt lose between $50 to $60 an acre, much of it during heavy rain, because of inefficient nitrogen management. The data collected from the collaborations will help farmers improve their fertilizer applications in ways that save them money and can help limit runoff into nearby rivers and streams.
Fed survey: Economy shows improvement
A Federal Reserve survey shows the U.S. economy strengthening over the past two months in areas from manufacturing and construction to retail sales and lending.
Seven of the Fed’s 12 regions — including the Chicago region, which includes Iowa — reported “moderate” growth during the early spring, while the remaining five described growth as “modest,” according to the Beige Book survey released Wednesday.
Retail sales were reviving, helped by pent-up demand for new cars after the harsh winter, the survey found. Manufacturing was expanding in all regions, along with lending. One weakness was home sales.
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